Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$321M |
| 2 |
Medtronic
MDT
|
+$290M |
| 3 |
Apple
AAPL
|
+$171M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$101M |
| 5 |
Microsoft
MSFT
|
+$97.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SWS
SWS GROUP INC
SWS
|
+$970M |
| 2 |
AGN
Allergan Inc
AGN
|
+$459M |
| 3 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
+$349M |
| 4 |
Eversource Energy
ES
|
+$130M |
| 5 |
CFN
CAREFUSION CORPORATION
CFN
|
+$93.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.99% |
| 2 | Financials | 14.59% |
| 3 | Technology | 14.54% |
| 4 | Industrials | 10.59% |
| 5 | Consumer Discretionary | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANN
1326
DELISTED
ANN INC
ANN
| $10.6M | 0.01% |
257,183
+3,628
| +1% | +$133K |
|
1327
Pricesmart
PSMT
$5.33B
| $10.5M | 0.01% |
124,083
+13,129
| +12% | +$1.09M |
|
|
AAN.A
1328
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $10.5M | 0.01% |
372,326
+15,966
| +4% | +$452K |
|
|
NAV
1329
DELISTED
Navistar International
NAV
| $10.5M | 0.01% |
356,959
+10,027
| +3% | +$301K |
|
1330
Vishay Intertechnology
VSH
$5.11B
| $10.5M | 0.01% |
760,880
+95,062
| +14% | +$1.31M |
|
|
FCH
1331
DELISTED
Felcor Lodging Trust
FCH
| $10.5M | 0.01% |
915,216
+20,296
| +2% | +$218K |
|
|
EFOR
1332
Everforth Inc
EFOR
$1.35B
| $10.5M | 0.01% |
273,974
+15,639
| +6% | +$570K |
|
|
TRAK
1333
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $10.5M | 0.01% |
272,798
+13,907
| +5% | +$565K |
|
1334
Bright Horizons
BFAM
$3.76B
| $10.5M | 0.01% |
204,887
+29,879
| +17% | +$1.49M |
|
1335
New York Times
NYT
$10.3B
| $10.5M | 0.01% |
762,581
+56,082
| +8% | +$751K |
|
|
BCPC
1336
Balchem Corp
BCPC
$5.71B
| $10.5M | 0.01% |
189,401
+13,115
| +7% | +$751K |
|
|
LNCE
1337
DELISTED
Snyders-Lance, Inc.
LNCE
| $10.5M | 0.01% |
328,087
+20,431
| +7% | +$620K |
|
|
RPT
1338
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $10.5M | 0.01% |
561,913
+45,821
| +9% | +$876K |
|
|
PCH
1339
DELISTED
PotlatchDeltic
PCH
| $10.4M | 0.01% |
260,639
-367
| -0.1% | -$14.9K |
|
|
SNCR
1340
DELISTED
Synchronoss Technologies
SNCR
| $10.4M | 0.01% |
24,417
+2,421
| +11% | +$954K |
|
1341
Nexstar Media Group
NXST
$5.69B
| $10.4M | 0.01% |
181,992
+8,782
| +5% | +$466K |
|
1342
Forward Air
FWRD
$628M
| $10.4M | 0.01% |
191,686
+2,713
| +1% | +$139K |
|
|
CATM
1343
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $10.4M | 0.01% |
276,436
+27,783
| +11% | +$1.02M |
|
|
TIVO
1344
DELISTED
Tivo Inc
TIVO
| $10.4M | 0.01% |
570,043
+26,788
| +5% | +$600K |
|
1345
Hilltop Holdings
HTH
$2.24B
| $10.4M | 0.01% |
533,837
+142,481
| +36% | +$2.71M |
|
|
TFCF
1346
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $10.3M | 0.01% |
316,046
+45,262
| +17% | +$1.52M |
|
|
PKY
1347
DELISTED
Parkway, Inc.
PKY
| $10.3M | 0.01% |
596,149
+43,236
| +8% | +$771K |
|
1348
SouthState Bank Corp
SSB
$10.7B
| $10.3M | 0.01% |
150,859
+1,322
| +0.9% | +$85.9K |
|
|
AEC
1349
DELISTED
ASSOCIATED ESTATES REALTY CORP
AEC
| $10.3M | 0.01% |
417,935
+24,520
| +6% | +$601K |
|
1350
Neogen
NEOG
$2.51B
| $10.3M | 0.01% |
588,320
+20,072
| +4% | +$368K |
|
Similar funds
Geode Capital Management's Q1 2015 Portfolio in Review
As of Q1 2015, Geode Capital Management held 4,062 positions worth $175B, up 4.1% from $168B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Trading was light in Q1 2015: portfolio turnover was 4.8%. Geode Capital Management opened 82 new positions and exited 115, leaving the 4,062-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 14% a quarter earlier, followed by Financials and Technology.
- Geode Capital Management's largest Q1 2015 buy was TRIBUNE MEDIA COMPANY CLASS A: 453,455 shares worth $27.6M.
- Geode Capital Management added most to Allergan plc in Q1 2015, an estimated $321M increase.
- Geode Capital Management's biggest Q1 2015 reduction was Vornado Realty Trust, cutting an estimated $8.04M.
- Geode Capital Management fully exited SWS GROUP INC in Q1 2015, selling an estimated $970M.
- Geode Capital Management's ten largest holdings make up 15% of its $175B portfolio in Q1 2015.
- Geode Capital Management opened 82 new positions and closed 115 in Q1 2015.
- Geode Capital Management's portfolio value rose 4.1% quarter-over-quarter to $175B.
Based on Geode Capital Management's 13F filing for Q1 2015, filed 14 May 2015.